Image credits - ET Realty
The Enforcement Directorate (ED) has taken significant action in a high-profile case involving the alleged misappropriation of public funds. The ED has attached immovable assets totaling Rs 96 lakh linked to two contractors, Avituo Sekhose and Mhalelie Rio, who are implicated in the financial irregularities concerning the construction of the new High Court Complex in Kohima, Nagaland.
The action comes under the Prevention of Money Laundering Act (PMLA), 2002, reflecting the ED’s ongoing efforts to tackle corruption and financial misconduct. The attached properties are believed to be connected to the contractors’ alleged involvement in diverting public money allocated for the construction project.
Avituo Sekhose and Mhalelie Rio, both contractors for the Nagaland Public Works Department (PWD), are under investigation for allegedly misusing funds intended for the high-profile infrastructure project. The ED’s move to attach these assets signifies a step towards recovering the misappropriated funds and holding the involved parties accountable.
The new High Court Complex project has been a focal point of scrutiny due to claims of financial mismanagement. The ED’s intervention underscores the seriousness with which financial irregularities are being addressed, particularly when they involve significant public assets and infrastructure projects.
This development highlights the ED’s commitment to enforcing financial laws and ensuring transparency in government contracts and public projects. As the investigation continues, further actions may be anticipated to address and rectify the financial discrepancies identified in the case.